The United States has added fewer jobs than the economists expected in February, the first full month under President Donald Trump, according to government data published on Friday.
Employers hired 151,000 workers last month, not expecting the expectations of 170,000 added jobs. The unemployment rate reached 4.1%, which remains a historically low figure.
The term contracts on the stock market seemed to raise the shoulders of the disappointing report. Each of the three main stock market indices checked in the minutes according to the data version.
Hiring resumed from January but fell a little below the average number of jobs added each month last year.
Employment has increased in a range of sectors, including health care, social assistance and finance, showed data.
However, the federal government lost 10,000 workers in February, indicating a potential impact of employee reductions initiated by the Trump administration.
The new jobs report arrives during a turbulent period for American actions and trade relations following prices issued by the Trump administration earlier this week.
Despite the temporary withdrawal of certain prices on Thursday, the actions dropped while the benefits of the policy continued to hike.
Dow Jones industrial average on Thursday fell approximately 425 points, or 1%, while S& P 500 fell 1.7%. The Nasdaq, heavy in technology, sank 2.6%.
The prices are held among a wave of directives linked to the economy since Trump took office, including discounts of spending and targeting of diversity, equity and inclusion initiatives.
The Trump administration has also dismissed tens of thousands of federal employees, although such reductions should not appear fully in the February report, partly due to the calendar of surveys carried out by officials who collect the data.
Meanwhile, the economy is in the process of remedying resurming inflation which dates back to the last months of the Biden administration.
Construction workers build the Hanford viaduct on the 198 motorway as part of the California High Speed Rail (CAHSR) transit project in Hanford, California, February 12, 2025.
Patrick T. Fallon / AFP via Getty Images
Consumer prices increased by 3% in January compared to a year ago, recording a percentage point greater than the objective of the federal reserve by 2%.
The prices of eggs, a closely viewed symbol of the cost increase, climbed 53% in January compared to a year ago. The bird flu has decimated the supply of eggs, increasing prices.
In February, a key gauge in consumer confidence recorded its greatest monthly decline since August 2021, said the Board of Directors of the Non -Partisan Conference last month.
The share of consumers who expect a recession in the following year have reached a nine -month summit, according to data. A growing part of consumers estimates that the labor market will worsen, the stock market will drop and that interest rates will increase, added the report.
However, certain measures of consumer feeling have improved. Consumers’ assessment of current commercial conditions has increased, while an increase in purchase plans for a home has extended a resumption of several months.
Mortgage rates have dropped for seven consecutive weeks, Freddiemac The data has shown. The average rate of a fixed mortgage of 30 years amounts to 6.63%, its lowest level since December.
